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Author Topic: Bitcoin increase rate vs other cryptocurrencies  (Read 209 times)
Crypto Piece (OP)
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December 07, 2017, 03:36:28 PM
 #1

Hello Smiley

On November all the cryptocurrencies were going up at the same rate, but now only Bitcoin is going up and the others are being slowing decreasing or remaining. Why could that be?  Huh

The Crypto Piece TM
wanderloy
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December 07, 2017, 04:32:50 PM
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The only crypto currency that is increasing insanely is only the Bitcoin so it's like a single Giant vs. a thousand of dwarfs in the battle.
Bitcoin rising price caused by High demand while coins is in limited supply so the surge is amplified when traders keep on doing circulation of Bitcoins while everyone wants to have it.

GrumbleShark
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December 07, 2017, 04:49:52 PM
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Bitcoin is getting all the press right now.  I'm betting that someone who knows nothing about the crypto currency market who wants in right now isn't looking for litecoin or IOTA, they want the thing they've all heard about - bitcoin.
Emoclaw
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December 07, 2017, 06:23:47 PM
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Hello Smiley

On November all the cryptocurrencies were going up at the same rate, but now only Bitcoin is going up and the others are being slowing decreasing or remaining. Why could that be?  Huh

The Crypto Piece TM
There are many currencies that are also increasing in value against Bitcoin. However all currencies are increasing in value against USD because Bitcoin is doing so.
If a currency goes down right now it's probably because it has to reflect its actual value in USD. Most of the currencies that have gone down in their BTC pair have remained the same in terms of USD.
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